## Filing Overview
**Filing Date**: 2025-02-27
**Type of Filing**: [[Filing Definitions#10-K|10-K]]
**Fiscal Year End**: 2024-12-31
## Notes
- Rocket Lab USA, Inc. filed its **Annual Report (10-K) for the fiscal year ended December 31, 2024**, detailing its **financial performance, business operations, and risk factors**.
- The company reported **record revenue of $436.2 million for 2024**, representing a **78% increase year-over-year**.
- Rocket Lab achieved **16 [[Electron]] launches in 2024**, marking a **60% increase** over 2023.
- The company is progressing on its **[[Neutron]] launch vehicle**, targeting its **first launch in late 2025**.
- Rocket Lab introduced **[[Flatellite]]**, a mass-manufactured satellite platform, indicating expansion into **satellite services**.
- The **Varda W-1 mission**, utilizing Rocket Lab’s Pioneer spacecraft, **successfully completed its orbital processing and hypersonic reentry**.
- Rocket Lab secured **a $1.45 billion U.S. federal contract** with **Kratos** for hypersonic testing under the **MACH-TB 2.0 Contract Award**.
- The company remains focused on **vertical integration** across **launch, spacecraft manufacturing, and in-orbit services**.
- The **total net loss for 2024 was $190.2 million**, despite strong revenue growth.
## Filing
![[c5d1fba9-6e22-42ae-8e23-a15229a11f4d.pdf]]